4 ms·
>AI bubble worse? Is it worse than the dot-com bubble? I remember everyone and their mom who knew HTML could get hired, and there were way more companies that
by MangoCoffee 1y ago
>AI bubble worse?
Is it worse than the dot-com bubble? I remember everyone and their mom who knew HTML could get hired, and there were way more companies that went IPO during the dot-com bubble, like theglobe.com.
AI is a bubble, but is it worse than the dot-com bubble or the real estate bubble in 2008?
- lmm 1y ago> Is it worse than the dot-com bubble? I remember everyone and their mom who knew HTML could get hired, and there were way more companies that went IPO during the dot-com bubble, like theglobe.com. IDK, the number of companies and employees might be smaller, but the valuations and comp packages are so much bigger that I suspect there's more money in the bubble this time around, just a bit less spread out.
- rchaud 1y agoThe dotcom bubble had investor capital going towards hiring tens of thousands of people. The AI bubble has capital going towards buying hardware, signing a handful of researchers on 9-figure deals and settling lawsuits for IP theft.